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(FortisMlr) Fortis Mlr complete technical analysis [charts+indicators] | Buy/Sell Fortis Mlr | (FortisMlr) share price targets

Complete technical analysis of Fortis Mlr (FortisMlr) by charts plus indicators, forecast predictions and share price targets for Fortis Mlr (FortisMlr)

Showing technical analysis as on 2024-08-22 View latest technical analysis

10 day averaged volume of Fortis Mlr is 26946

Date Daily Closing Price Open High Low Volume
22 Thu Aug 2024 60.68 62.90 63.20 60.40 1.516 times
21 Wed Aug 2024 61.84 62.75 62.75 61.00 0.55 times
20 Tue Aug 2024 61.42 60.50 61.90 60.50 0.69 times
19 Mon Aug 2024 61.39 61.45 62.25 59.50 1.236 times
16 Fri Aug 2024 60.67 61.95 61.95 60.01 1.022 times
14 Wed Aug 2024 60.01 62.10 62.10 59.80 1.034 times
13 Tue Aug 2024 60.88 60.96 62.60 60.25 1.006 times
12 Mon Aug 2024 60.96 60.50 63.22 60.30 0.92 times
09 Fri Aug 2024 60.88 60.50 62.40 60.50 1.302 times
08 Thu Aug 2024 61.12 61.10 62.20 60.01 0.549 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 60.6 as stoploss in an intra day buy trade for a target of 62.03. However, stock will show a bearish move below 60.6.

Share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Target 47.01
Downside Target 55.00
Downside Target 59.05
Upside Target 63.20
Upside Target 63.69
Upside Target 67.00
Upside Target 67.70
Upside Target 78.78
Upside Target 89.19
Upside Target 107.94

Intraday share price targets for Fortis Mlr (FortisMlr)

Target Type Value
Downside Intraday Target 59.05
Downside Intraday Target 57.43
Upside Intraday Target 62.75
Upside Intraday Target 64.83
Upside Intraday Target 61.13

Weekly technical analysis of Fortis Mlr (FortisMlr)

Date Weekly Closing Price Open High Low Volume
22 Thu Aug 2024 60.68 61.45 63.20 59.50 1.002 times
16 Fri Aug 2024 60.67 60.50 63.22 59.80 0.62 times
09 Fri Aug 2024 60.88 61.70 63.69 59.05 0.679 times
02 Fri Aug 2024 63.69 63.99 67.00 60.51 1.583 times
26 Fri Jul 2024 63.24 67.00 67.00 61.21 0.762 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Fortis Mlr (FortisMlr)

Date Monthly Closing Price Open High Low Volume
22 Thu Aug 2024 60.68 64.90 67.00 59.05 0.585 times
31 Wed Jul 2024 64.49 62.70 67.70 60.51 0.685 times
28 Fri Jun 2024 63.97 59.62 78.78 55.00 2.333 times
31 Fri May 2024 60.83 89.19 89.19 60.83 0.132 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Fortis Mlr (FortisMlr)

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Fortis Mlr stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.

Fortis Mlr Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Fortis Mlr in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Fortis Mlr is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.91 and Fortis Mlr (FortisMlr) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Fortis Mlr (FortisMlr) stock. Volume based technical analysis of Fortis Mlr (FortisMlr) stock is negative.

Fortis Mlr Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Fortis Mlr ( (FortisMlr) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Fortis Mlr stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Fortis Mlr in short term but the buy signal is initial and weak.

Fortis Mlr Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Fortis Mlr in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Fortis Mlr is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 60.91 and Fortis Mlr (FortisMlr) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Fortis Mlr (FortisMlr) stock. Volume based technical analysis of Fortis Mlr (FortisMlr) stock is negative.

Fortis Mlr Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Fortis Mlr charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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